The Brooklyn Navy Yard will soon be home to an exciting new technology hub. Called Dock 72, the ambitious renovation project will convert 675,000 square feet of the yard into office space for innovative technologies and startups. The hub, designed by S9 Architecture, is expected to bring $380 million of private investment and 4,000 living wage jobs to the former naval shipbuilding facility when complete.

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The $140 million investment in the Brooklyn Navy Yard will see the complex’s Building 77 turned into a state-of-the-art technology hub. S9 Architecture’s design for the new workspace will include strategic spaces that encourage innovation and collaboration between tenants. The renovation plan includes numerous sustainability features and, once completed, will seek LEED certification.

Related: 3,000 New Jobs Expected Thanks to $140 Million Investment in Brooklyn Navy Yard

“We are, quite literally, doubling down on good jobs at the Brooklyn Navy Yard. The 4,000 living wage jobs at Dock 72 are a key part of that commitment. This project is going to help bring ideas, innovators and start-ups to the yard, where they can scale up their businesses, hire more New Yorkers and manufacture their products right here in Brooklyn,” said Mayor Bill de Blasio.

The project is slated for completion in late 2017.

+ Dock 72

+ S9 Architecture

Images via Dock 72 and S9 Architecture